November 2, 2018 / 10:56 AM / 16 days ago

Dutch central bank head says housing market still a concern

AMSTERDAM (Reuters) - Ten years after the 2008 financial crisis, the Dutch housing market remains problematic and a contributor to the “pro-cyclical” nature of the economy, its central bank president said on Friday.

De Nederlandsche Bank (DNB) President Klaas Knot said in a speech that the country’s boom-and-bust phases “continue to cause me concern”, and the housing market is one clear reason.

Reporting by Toby Sterling; editing by John Stonestreet

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